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Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows.


TSX:MBX - Post by User

Comment by lscfaon Mar 20, 2023 9:18am
99 Views
Post# 35348498

RE:New Press Release - Governments of Ontario and Canada Invest in Microbix

RE:New Press Release - Governments of Ontario and Canada Invest in Microbix

100 employees = $24 million per year so "dozens" more (say 30) = additional $7.2 million per year.    

$7.2 mil rev => $3.6 mil to gross profit => $0.02 to eps.    

p/e of 15 => $0.30 incremental share value

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